Tag: financial crisis
The Black Lives Matter protesters have brought renewed attention to the enduring economic inequality that separates Black and white America. Homeownership is at the heart of this disparity. For many Americans, their largest source of wealth is the value they have built up in their homes over time. The house is also traditionally the primary…
Abstract This study examines the potential impact of the 2008-2009 financial crisis on economic growth. Expectations of future growth are critical to evaluating of the sustainability of overall budget trends and the financial condition of the Old-Age Survivors and Disability Insurance (OASDI) and Medicare trust funds. The paper includes an assessment of the experience of other…
